Ledger. Australian venture funding, tracked

Director, SafetyCulture · angel in 1 deal

Robyn Denholm

Coverage

Stories naming Robyn Denholm. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

13 deals

Cheque-in: 8 startups gobbled up $572.12 million in funding this week

Weekly roundup of eight raises totalling $572.12 million, led by Firmus's $500 million round; RAGE Biotech, SunDrive, Number 8 Bio, Fabra, Keeyu, MyGig and Drone-Hand also funded, plus two RAGE Biotech executive appointments.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Business News Australia

3 deals

Puralink dredges up $2.3m seed round for autonomous pipe robot

Sydney robotics startup Puralink has raised $2.3m in seed capital, with Peak XV leading and several local funds and angels joining, to commercialise its leak-detecting robot for pipes.

Also SmartCompany·Startup Daily·Forbes Australia

9 deals

Six Aussie startups that recently raised $62.2 million

Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.

Also SmartCompany·Forbes Australia

Fund close $100m

Thought Leadership Series: A CEO's Perspective on Driving Innovation

Breakthrough Victoria's chief executive reflects on the sovereign fund's first four years, its university co-funding partnerships and OECD evidence that government venture capital works best alongside private investors.

2 deals

Women’s health app raises $1.7 million to ramp up AI focus

Ovum, an app for tracking menstrual and women's health, has secured $1.7m to launch its AI assistant, in a round led by Giant Leap with Antler, Wollemi Capital and other backers.

Also Forbes Australia·Startup Daily·Startup Daily·Startup Daily·Women's Agenda·Women's Agenda·Dealroom·Forbes Australia·Women's Agenda

6 deals

The $15bn National Reconstruction Fund takes $32 million stake in AI medical diagnostics startup Harrison.ai

Harrison.ai has received $32 million from the National Reconstruction Fund Corporation toward its Series C, with the federal investor's December backing of Vault Cloud, Myriota and Quantum Brilliance also noted.

Also Women's Agenda·Forbes Australia

Fund close ~$49m

Tennis Australia's VC fund aces first close with nearly $50 million from blue chip investors

Tennis Australia's venture arm AO Ventures has reached a first close on its new sports, media and health tech fund with about $49 million committed by local and international backers.

6 deals

Four Aussie startups that raised $123.6 million this week

Weekly roundup of four Australian raises: HammerTech $105m led by Riverwood Capital, JigSpace $13m led by Breakthrough Victoria, ExoFlare's $5.3m seed, and Go Locum's $350,000 seed led by Paspalis.

2 deals

Biosecurity threats software startup plants $5.3 million Seed round

ExoFlare, cofounded by ex-Data61 chief Adrian Turner, has banked $5.3 million in seed funding led by Salus Ventures to help food producers manage biosecurity risks.

Also SmartCompany

5 deals

Agtech VC Tenacious Ventures plants $18 million in first close for Fund II

Agtech investor Tenacious Ventures reached an $18 million first close on its second fund, which has a $50 million target; backers include Trawalla Group, Wollemi Capital Group and Macdoch Ventures.

Also Forbes Australia

Seed $1.1m

Female-founded startup Alt. Leather secures $1.1 million backing from investors

Melbourne biomaterials startup Alt. Leather closed a $1.1 million seed round, oversubscribed past its $750,000 target, with backing from Startmate, Wollemi Capital Group, the Alice Anderson Fund, The Austin Group and angels.

Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily

Funding announcement

This venture fund wants more billion-dollar businesses founded by women

Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale started to back women founders across Australia and the US, its Australian backers, and its portfolio companies Eugene, Loupe, HowToo and Othelia AI.

Funding announcement

'A turning tide': Marisa Warren and Kate Vale's venture fund will level the playing field for female founders

Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale run from California to back women founders across Australian and US markets; also covers its backers, early investments, and Warren's ELEVACAO program.

13 deals

Nine Aussie startups that raised $40.5 million this week

Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.

Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor

Fund close $13.5m

'We want more female-led billion dollar startups': Robyn Denholm and Carol Schwartz back female-led VC

Female-led VC ALIAVIA has closed a US$8.7 million fund, backed by Robyn Denholm, Carol Schwartz, Cynthia Scott, Tattarang and Dom Pym, to invest in female-founded startups across Australia and the US.

Fund close $13.5m

ALIAVIA Ventures fights gender funding inequalities in the US and Australia

ALIAVIA Ventures has closed its debut fund at A$13.5 million. The US-based firm backs female founders bridging Australian and US markets; backers include Carol Schwartz, Tattarang, the Denholms, Euphemia, Dom Pym and Cynthia Scott.

Also SmartCompany·Forbes Australia·TechCrunch Australia

Key hire

Tesla Inc Director Robyn Denholm appointed to SafetyCulture board

Robyn Denholm has joined SafetyCulture's board as a director, adding to her Tesla chairmanship and Technology Council role, replacing long-serving director and Blackbird co-founder Rick Baker.

2 deals

Breakthrough solar panel startup SunDrive teams up with Sydney University on $2.78 million research project

ARENA has awarded $2.78 million to a University of Sydney professor partnering with SunDrive on perovskite-silicon tandem solar cells. The piece also recalls SunDrive's $21 million Series B and names its backers.

Fund close $1b

One billion for the ambitious

Blackbird's team marks the firm's tenth birthday by unveiling a new A$1 billion fund to back ambitious Australian and New Zealand startups, sketching a 2032 vision of technology dominating the economy.

Also Blackbird Ventures portfolio·TechCrunch Australia·SmartCompany·Startup Daily·Forbes Australia·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Dealroom·Startup Daily

3 deals

Malcolm Turnbull and Atlassian, Tesla and Canva bosses back solar startup in $21 million Series B

Solar cell maker SunDrive has raised a $21 million Series B led by Main Sequence Ventures, with CEFC, Grok and Blackbird investing, and first-time backers including Turnbull, Denholm and Adams.

Also RenewEconomy·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·RenewEconomy·RenewEconomy

12 deals

Ignition Lane's Weekly Wrap: The unicorn boom, valuations heading south, Meta faces legal squeeze

Ignition Lane's weekly roundup covers Linktree's unicorn raise, several Australian funding rounds, Tiger and Insight's new mega-funds, falling SaaS valuations, the ACCC's action against Meta, and new accelerator and product launches.

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